The Conservative Cave
Current Events => Economics => Topic started by: J P Sousa on December 12, 2012, 08:29:01 PM
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December 11, 2012 4:00 A.M.
An Embarrassing Metric Disappears
Why are government statistics on taxpayer migration being discontinued?
By Jim Pettit
http://www.nationalreview.com/articles/335317/embarrassing-metric-disappears-jim-pettit#
As the din of America’s falling headfirst over the fiscal cliff reverberates across the nation, the Obama administration is quietly killing a key economic metric that tells how, and how many, people are voting with their feet. Since 1991 the Internal Revenue Service has been compiling statistics on filers’ addresses, which the agency’s Statistics of Income division uses to show who is moving into and out of every county and state in the nation. As you’d expect, the IRS also knows the aggregate income levels of those who move. So the movements of the most fundamental productive components of the economy — taxpayers — can be analyzed by journalists and economists, or could until now.
The IRS and the U.S. Census Bureau (which provides technical support in reporting tax migration data) have not made an official announcement as to why the program is being discontinued. So we are left to speculate why such vital economic statistics suddenly got canceled.
Some would be glad if the IRS data simply went away. Blue states with high state and local tax burdens have come out looking bad in recent years. California and New York have been embarrassed publicly, as a steady exodus is underway from both.
The most secret administration in history and the democrat media are looking the other way. I'm shocked. :hammer:
THE GREAT CALIFORNIA EXODUS: (http://www.manhattan-institute.org/html/cr_71.htm#.UMYvwZhFbFI) A Closer Look
The golden state turning to crap ?
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Has golden state turned to crap ?
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The golden state turning to crap ?
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Already there. For the first time since statehood in 1850, CA did not gain any electoral votes, and had it not been for foreign immigration (legal and illegal) they actually would have LOST 3-4 EV.
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It's a funny thing, I've seen numbers ranging between 208 million from the LA Times.
http://latimesblogs.latimes.com/california-politics/2012/11/california-tax-revenue-improving.html
And numbers that are higher. Like 806 million from Breitbart.
http://www.breitbart.com/Big-Government/2012/12/07/CALIFORNIA-STATE-BUDGET-GOES-OFF-THE-CLIFF
Whom ever shall I believe?
Either way, We Told You So!
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From Breitbart;
Executives of the 99 Cents Only Stores Inc. proclaimed they would be opening a new location in Beverly Hills on formerly posh Rodeo Drive.
:rotf:
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The golden state turning to crap fool's gold ?
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